FTSE 100 today: London markets to open higher on weaker UK jobs report May 14, 2024 Asia markets mixed after lackluster Wall Street. Focus on UK jobs report, Fed Chair Jerome Powell speech, and Vodafone's earnings.
China’s economic rollercoaster: Consumer prices inch up in April amid lingering factory deflation May 13, 2024 China's consumer prices rose for the third month in April, while producer prices continued to fall, highlighting ongoing economic challenges.
FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data May 13, 2024 Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.
Banks divided: Interest rate decision sparks debate over timing – June or August? May 10, 2024 Investment banks are divided on when the Bank of England (BoE) may execute its initial rate cut.
FTSE 100 today: London markets set to extend bull run on renewed global rate cut optimism May 10, 2024 Asian markets surged with Wall Street, reflecting growing investor confidence, with Europe, including London, set to follow.
FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues May 9, 2024 Asian markets mirrored Wall Street's mixed performance, with oil prices surged. All eyes were on the Bank of England's policy decision.
FTSE 100 today: Rate cut optimism to fuel Footsie’s push to fresh record highs May 8, 2024 Markets showcase mixed performance in Asia, mirroring Wall Street's trajectory. Oil prices dip, while Reddit shares soar by 16 per cent. Additionally, TikTok initiates a legal challenge against a potential US ban, adding to tech sector uncertainties. All attention now shifts to the Bank of England policy decision and UK GDP data release.
FTSE 100 today: London markets to scale to new highs on growing rate cut bets, riding global rally wave May 7, 2024 Asian markets surged in line with Wall Street's positive trend, while oil prices rose after Israel's strike in Gaza. Gold prices also climbed amid geopolitical uncertainties. Australia's central bank holds the cash rate at 4.35 per cent. Investors are now focused on the Bank of England (BoE) policy decision and UK GDP data for further market cues.
China’s services activity slows, employment shrinks in April: Caixin PMI May 6, 2024 China's services sector grew slightly slower due to higher costs in April, but there's still optimism with increased new orders and positive business sentiment, suggesting a continued economic recovery, according to a recent private sector survey.
FTSE 100 today: London shares set to open higher, following global tech-driven rally May 3, 2024 Asian stocks surged today, buoyed by Wall Street's tech-driven rally. Apple's record buyback plan lifted its shares, while the yen strengthened and oil prices rose. Labour also made gains in local elections. Attention now turns to the US non-farm payrolls report for economic cues.
